ERCOT Vs ISONE -- Early Morning, January 16, 2024

Locator: 46559ISO.

We've talked about this before:

• ISONE: has a supply problem. Self-inflicted.
  
• ERCOT: has a demand problem. A good thing. A very good thing.
  

ISONE.

• earlier this morning, January 16, 2024, winter storm Gerri.

ISONE, in MW:

• Supply/demand:
• Demand : 18,000 
• Capacity: 23,000

• Cost: $300 / MW
  

• Mix:
• Nat gas: 49%
  
• Net imports: 21% -- buying electricity from other ISOs
  
• Nuclear: 12%
• Hydro: 8% -- from Canada
  
• Oil: 6% -- oil contributing more than "renewables"
  
• Renewables: 4%

• Renewables:
• Refuse: 43%
• Wow ood: 30%
• Wind: 22%
• Landfill gas: 4%
• Solar 2%

• Wind:
• 22% of 4% is …. 0.0088 or 0.88%.
• 0.0088 x 18,000 = 158.

******************
Compare With Texas

• Supply/Demand
• Demand: 75,000 
• Capacity: 85,000
• in round numbers, 4X that of ISONE
  

• Wind and solar both off the chart (as in high supply).

• Mix:
• Nat gas: 49%
• Solar: 19%
• Wind: 9% -- will increase significantly as day wears on
  
• Coal: 16%
• No oil.
• No imports -- Texas is an independent ISO.